Stock Plans (Tables)

9 Months Ended

Oct. 02, 2011

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of Total Compensation Recognized Related to Outstanding Equity Awards

The following table summarizes total pre-tax compensation expense recognized related to the Company’s stock options, restricted stock, restricted stock units, performance units and stock grants, net of estimated forfeitures, included in the Company’s condensed consolidated income statements for the three and nine months ended October 2, 2011 and October 3, 2010:

	Three Months Ended				Nine Months Ended
	October 2, 2011		October 3, 2010		October 2, 2011		October 3, 2010
	(In thousands)
Cost of sales	$	243	$	276	$	750	$	751
Research and development expenses	138		136		432		344
Selling, general and administrative and other expenses	1,086		3,414		8,245		9,904
Continuing operations stock-based compensation expense	1,467		3,826		9,427		10,999
Discontinued operations stock-based compensation expense	—		142		—		684
Total stock-based compensation expense	$	1,467	$	3,968	$	9,427	$	11,683

Weighted-Average Assumptions Used in the Black-Scholes Option Pricing Model

The Company’s weighted-average assumptions used in the Black-Scholes option pricing model were as follows:

	Three and Nine Months Ended
	October 2, 2011		October 3, 2010
Risk-free interest rate	1.9	%	1.8	%
Expected dividend yield	1.1	%	1.4	%
Expected lives	4 years		4 years
Expected stock volatility	38.1	%	37.5	%

Summary of Stock Option Activity

The following table summarizes stock option activity for the nine months ended October 2, 2011:

	Number of Shares		Weighted- Average Price		Weighted-Average Remaining Contractual Term	Total Intrinsic Value
	(In thousands)				(In years)	(In millions)
Outstanding at January 2, 2011	6,983		$	21.86
Granted	582		26.74
Exercised	(1,133	)	20.90
Canceled	(1,219	)	30.40
Forfeited	(107	)	18.40
Outstanding at October 2, 2011	5,106		$	20.67	3.6	$	16.2
Exercisable at October 2, 2011	3,566		$	20.75	2.9	$	10.3
Vested and expected to vest in the future	4,644		$	20.67	3.6	$	14.7

Summary of Restricted Stock Award Activity

The following table summarizes restricted stock award activity for the nine months ended October 2, 2011:

	Number of Shares		Weighted- Average Grant- Date Fair Value
	(In thousands)
Nonvested at January 2, 2011	578		$	21.77
Granted	440		26.68
Vested	(215	)	24.78
Forfeited	(88	)	24.52
Nonvested at October 2, 2011	715		$	23.56